The Importance of Comparing Gold to Debt Markets

At one point, gold was the denominator for all of the world's wealth. And then obviously in 71, they defaulted and what we saw was essentially debt markets became quasi money. No one even makes an economic calculation or not, whether to buy a business anymore. Just plow it into the US stock market, plowing it into the NASDAQ and get to your return. That's almost the money now. Now we're seeing it with commodities. They're trying to monetize in a way commodities. But the reality is all these commodities will be reduced to their marginal production cost. We'll produce more commodities, right? To an extent gold may be the best because it's